Credit score is based on how well you pay your credit card bills. Say you go to the store and buy a shirt for $10. At the end of the month you can pay the
minimum ($2) or pay the whole $10. If you pay the minimum then you’ll get charged interest. Say interest is 2% and you pay the minimum and don’t charge anymore to your credit card. Next month instead of paying $8 you’ll be paying $10. This makes it easy to slip into debt and debt makes for a poor credit score.
With a poor credit score you can’t apply for a loan for a car or a home.
Answer:
try working as a line cook at a nice restaurant and then after some time with that you can pursue what you truly want to do
Explanation:
Answer: TRUE
Explanation:
False. The financialmarkets are not a relatively new technological development created in the last 50 years.
False.
The financial markets are not a relatively new technological development created in the last 50 years. They have been around for centuries.
Financial markets are mechanisms that bring together the forces of demand and supply for financial capital. Firms try to raise financial capital, while households look for a desirable combination of rate of return, risk, and liquidity. Examples of financial markets include stock markets, bond markets, and foreign exchange markets.
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Answer:
Company, customers, collaborators, competitions and climate.
Explanation:
1.Company: This talks about what an organization deals with, their goals, objectives, visions, product line, what they desire to achieve, etc.
2.Customers: they are your targets, the people you had in mind before or while proposing the business. One must be able to identify customer needs and the strategies to be put in place so as to meet those needs. It is the most important of the 5C's of marketing.
3.Collaborators. What type of people, employees, business partners, suppliers, etc one can work with to achieve set goals.
4. Competitors. This talks about the people who do the same things as you do or engage in something similar that can compete with your business. You must know the numbers of businesses you are competing with, their strengths and weaknesses.
5.Climate: This are policies, economic conditions, regulatory bodies, socio-cultural factors, technology, etc. All this have direct or indirect impact on the success or failure of a business.
The five C's of the marketing mix are Customer, Company, Competitors, Collaborators, and Context.
Customer: Understanding the target customers is crucial for any marketing strategy. Businesses must identify their ideal consumers, learn their preferences, needs, and desires, and tailor their products or services accordingly.
Company: This C focuses on the business itself. Marketers need to analyze their company's strengths, weaknesses, and unique selling propositions to position themselves effectively in the market.
Competitors: Knowing the competitive landscape is vital. Marketers must identify their competitors, analyze their strengths and weaknesses, and find ways to differentiate their offerings.
Collaborators: Often referred to as 'partners,' this C highlights the importance of strategic alliances. Businesses may collaborate with suppliers, distributors, or other companies to enhance their reach and value proposition.
Context: The last C takes into account the broader context, including social, economic, cultural, and technological factors. Understanding the external environment helps businesses adapt their marketing strategies to changing conditions.
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Answer:
The net cost equivalent for the discount 25/10 is 0.675.
Explanation:
The net cost equivalent of a 25/10, or 2.5%, discount is 97.5%, which indicates the price after the discount is 97.5% of the original cost.
To find the net cost equivalent for a discount, we need to subtract the discount percentage from 100% and divide by the remaining percentage. In this case, the complement of the discount 25/10 is (100 - 25)/10 = 75/10. To find the net cost equivalent, we divide 100 by the complement: 100/(75/10) = 40/3 or 13.33.
The discount expressed as 25/10 can be written in terms of percent, translating to a 2.5% discount.
Now, to find the net cost equivalent, we use the concept of complements. The complement of a discount (with respect to 1) is simply 1 minus the discount rate.
Therefore, in this case, the net cost equivalent would be 1 - 0.025 = 0.975 or 97.5%. This means, after applying the discount, the price would be 97.5% of its original cost.
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